The United States urged Japan on Monday to open its auto and insurance markets more to foreign companies as the two countries pursue bilateral talks linked to a broader free-trade agreement that covers two-fifths of the globe. The United States …
According to catastrophe modeling firm AIR Worldwide, homes and roads in central New Zealand were damaged by a M6.5 earthquake on Friday, August 16, at 2:31 p.m. local time (2:31 a.m., UTC), but no serious injuries have been reported. AIR …
Philippine authorities said the death toll from the collision of a passenger ferry and a cargo ship in Cebu province has increased to 52, making it the worst such tragedy for the country since June 2008. Sixty-eight people are still …
Amlin Plc, the second-biggest Lloyd’s of London insurer by market value, posted a 17 percent drop in first-half profit as catastrophe claims jumped on flooding in central Europe. Profit was £140.2 million ($219 million) in the first six months of …
The world’s oceans have absorbed more than 90 percent of global warming since the mid-20th century, making accurate measurements of deep ocean temperatures vital to predicting how much global temperatures and sea levels are going to rise. In 1999, a …
A ruling by a Florida appeals court on Friday has reduced a $10 million damage award to $200,000 in a wrongful death lawsuit filed by the family of a University of Central Florida football player who died following conditioning drills …
The U.S. Justice Department on Friday asked an appeals court to reverse a judge’s ruling last month that Federal Reserve Chairman Ben Bernanke must testify in a lawsuit about American International Group Inc.’s 2008 bailout. Bernanke cannot be forced to …
A new survey from insurance recruiting firm The Jacobson Group and consulting firm Ward Group shows the majority of property/casualty insurers are expecting to hire more staff over the next 12 months. The mid-year insurance labor market survey asked insurance …
Markel Ventures Inc. and Eagle Construction of VA LLC announced that Markel has acquired Eagle Construction and its affiliated entities. The terms of the transaction were not disclosed. Markel Ventures is a Markel Corp. subsidiary that invests in businesses outside …
Rhode Island is one of seven states receiving a grant from the National Highway Traffic Safety Administration to help reduce distracted driving. The state Department of Transportation will use the $459,000 grant to develop a distracted driving prevention program. The …
